NATIONAL ENERGY INDEPENDENCE

NATIONAL ENERGY INDEPENDENCE The Netherlands and Bhutan are two countries that do not have oil deposits, and yet they are net exporters of energy. The Netherlands because of they tapped their natural gas deposits, and Bhutan because of their hydropower plants. Although I could only cite two examples, that is already sufficient proof that a country could become a net exporter of energy, even if it does not have oil deposits. But what about the Philippines? Could we possibly become a net exporter of energy? I would say that in theory, we could become one, but on the condition that we decrease our oil imports and increase our own local power generation. That might sound like a tall order, but we do have the assets that could make it happen. There are many countries that are now net exporters of energy, simply because they have oil deposits. By comparison, we do have oil deposits too, but the difference between these countries and the Philippines, is that they have tapped their deposits, and we have not. At least, not enough of it. Aside from oil deposits, we have rivers and waterfalls that could produce hydropower, and we also have natural gas deposits! And on top of all these, we also have geothermal energy sources! In others, we could really become an energy independent country! IKE SENERES/5-19-24